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Grand advantage: Family wealth and grandchildren's educational achievement in Sweden
Hällsten, Martin; Pfeffer, Fabian T. - 2017
We study the role of family wealth for children's educational achievement using novel and unique Swedish register data …. In particular, we focus on the relationship between grandparents' wealth and their grandchildren's educational … achievement. Doing so allows us to reliably establish the independent role of wealth in contributing to long-term inequalities in …
Persistent link: https://www.econbiz.de/10012039324
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Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations
Adermon, Adrian; Lindahl, Mikael; Waldenström, Daniel - 2018
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild's wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …
Persistent link: https://www.econbiz.de/10012039289
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Inequality of life chances and the measurement of social immobility
Silber, Jacques - 2007
This paper begins by proposing two cardinal measures of inequality in life chances. Using as its database a matrix in which the lines correspond to the social category of parents and the columns to the income distribution of their children, it then highlights the importance of the marginal...
Persistent link: https://www.econbiz.de/10010266638
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Does inequality reduce mobility? The Great Gatsby Curve and its mechanisms
Brandén, Gunnar - 2019
A body of evidence has emerged in the literature on intergenerational mobility documenting that countries with large income differences also have less intergenerational mobility: a relationship known as the Great Gatsby Curve. In this paper, I estimate the Great Gatsby Curve within Sweden...
Persistent link: https://www.econbiz.de/10012388861
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Replacing student grants with loans: Evidence from a Swedish policy reform
Brandén, Gunnar - 2022
The Recruitment grant was a student aid policy that replaced the loans in the student aid system with grants for unemployed adults with low education. In this paper, I estimate the causal effects of repealing this policy on the educational attainment and subsequent labor market outcomes for the...
Persistent link: https://www.econbiz.de/10013394343
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Correlation of Brothers Earnings and Intergenerational Transmission
Bingley, Paul; Cappellari, Lorenzo - 2013
We model the correlations of brothers' earnings isolating the effect of fathers' earnings from additional residual influences shared between brothers. We separate the two effects by analysing sibling correlations and intergenerational correlations jointly within a unified framework. Our...
Persistent link: https://www.econbiz.de/10011739580
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Family, Community and Long-Term Earnings Inequality
Bingley, Paul; Cappellari, Lorenzo; Tatsiramos, Konstantinos - 2014
Correlations between the earnings of siblings reflect shared family and community background, but evidence is mixed on the relative magnitudes of these influences. We estimate long run earnings correlations between brothers, school mates and teenage neighbors jointly in a unified framework....
Persistent link: https://www.econbiz.de/10011739591
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The intergenerational persistence of human capital: An empirical analysis of four generations
Lindahl, Mikael; Palme, Mårten; Sandgren-Massih, Sofia; … - 2012
Most previous studies of intergenerational transmission of human capital are restricted to two generations - parents and their children. In this study we use a Swedish data set which enables us link individual measures of lifetime earnings for three generations and data on educational...
Persistent link: https://www.econbiz.de/10010321142
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Transmission of human capital across four generations: Intergenerational correlations and a test of the Becker-Tomes model
Lindahl, Mikael; Palme, Mårten; Sandgren Massih, Sofia; … - 2011
Most previous studies on intergenerational transmission of human capital are restricted to two generations - between the parent and the child generation. In this paper we investigate if there is an independent effect of the grandparent and the great grandparent generations in this process. We...
Persistent link: https://www.econbiz.de/10010321388
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Entrepreneurship and Liquidity Constraints: Evidence from Sweden
Nykvist, Jenny - 2005
between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … polynomials in wealth and find that there is no relationship between household initial wealth and the probability of starting an … own business throughout most of the wealth distribution in the United States. In this paper we examine this relationship …
Persistent link: https://www.econbiz.de/10010321582